💡 Amkor Technology ( NASDAQ:AMKR ) joins PHLX Semiconductor Sector Index (SOX), a top 30 US-listed semiconductor player! Q3 sales poised for all-time highs at $1.775B, a robust 22% QoQ surge. Strong balance sheet: $1.2B cash, outpacing $1.13B debt. 📈 Bullish outlook holds firm above $24.00-$25.00, eyeing an upside target of $40.00-$42.00. #AmkorTechnology...
Viewing the curved channel we can see that their is an evident double top formed within it. This will likely break down and break this curve, which is standard for a double top pattern. Bearish
Top of my focus list going into the upcoming week. Growth numbers are good, increasing number of funds buying shares, earnings still two weeks away. On a technical basis, a surge in volume took prices thru some key highs and now we're seeing an orderly consolidation with good looking volume patterns. Ideally, we get another volume surge that takes us thru last...
Wave 5 is over. AMKR needs rest . We would wait for Wave A completion to Bull. Good luck
AMKR is showing a really strong upward trend on the daily and weekly chart. Today it has broken its daily resistance $24.92 - $25.74. I'm looking for a continuation of this uptrend. This will be a good Leap for me.
ENTRY: 24.30 SL: 22 TP1: 26.07 TP2: 27.50 - ADX<25. Would like to be higher. - RSI<65 but >50. Uptrend still intact. - RS +ve - FFI +ve - MAs aligned
An Amazing setup in my opinion. A gap and then a descending triangle, retested a support from the 2000's and on its way back up. Definitely has up side soon! This is just an idea, Not investment advice.
$AMKR retested its 19 years high at $26 during the week, with weekly all time transactional volume observed since its IPO inception in 1998. $AMKR closed the Friday session at $23.67 with cumulative gain attained for the month of February 2021 stance at +52.51%. The company provides outsourced semiconductor packaging and test services in the United States and...
Above $10 in $AMKR and we should see a quick move to $10.50 to $11.50 a share. Above all-time highs of $12.50 and the sky is the limit. $AMKR President bought almost $1m worth of stock in last 12 months. Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey...
Giving the semi conductor index is overly bought and due for a big correction. I think this is where AMKR is heading.
Price tested W1 DZ, w8ting for good entry, 1st TP = 1st MN SZ, 2nd TP=2nd MN SZ